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North Carolina lottery retailer bonds.
From $100.

The NC Education Lottery can require a retailer to post a surety bond when its credit history warrants one — a financial backstop for the lottery proceeds you collect. NCEL sets the amount (minimum $2,000 per location); premiums start at $100 and the application collects no credit information.

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Required when NCEL's credit review calls for a bond — not every retailer needs one

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Amount set by NCEL, minimum $2,000 per retail location — it scales with the lottery's assessment

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From $100 — the application collects no credit information; enter the required amount to apply

From $1002% of the bond amount, $100 minimumInstantapproval for mostFastno credit section in the application

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How it works

Three steps. One sitting.

No underwriting queue for a standard lottery bond — enter your amount, pay, and file with NCEL. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the bond amount NCEL required, and the effective date — that is the entire application.

INSTANTLY

Issued on the spot

No waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.

SAME DAY

Mail to NCEL Retailer Contracts

Send the executed bond and power of attorney to the NC Education Lottery, Retailer Contracts Department in Raleigh. Wet-ink originals provided as standard.

About this bond

What it is and who needs it.

What the lottery bond actually covers

The NC Education Lottery (NCEL) contracts with retailers to sell lottery tickets, and a retailer collects lottery proceeds that belong to the lottery. When NCEL's review of a retailer's credit history raises a concern about financial stability, it can require a surety bond before approving or continuing the retailer contract.

The bond protects the lottery if a retailer fails to remit proceeds or otherwise breaches the retailer contract — for example, not turning over sales receipts or falsifying records. NCEL sets the amount based on its assessment, with a minimum of $2,000 per retail location.

Because NCEL has already done its own credit review, our application collects no credit information. Enter the amount on your NCEL notice and the executed bond is generated on the spot, ready to mail to the Retailer Contracts Department.

NC Education Lottery — retailer surety requirementThe NC Education Lottery may require a retailer to post a surety bond (minimum $2,000 per location) when its credit-history review indicates a financial guarantee is warranted, to secure remittance of lottery proceeds under the retailer contract. The bond is mailed to NCEL Retailer Contracts in Raleigh. NCEL sets the exact amount; confirm it on your retailer notice.

You need this bond if you are

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A new lottery retailer NCEL has asked to bond based on its credit review

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Operating multiple locations each carrying the per-location bond NCEL requires

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Reinstating a retailer contract after a remittance or compliance issue

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A convenience or grocery store adding lottery sales where NCEL wants security

One application, issued on the spot.

Submit the application with the bond amount NCEL set — the executed bond is generated instantly, ready to mail to Retailer Contracts.

Start the application →

FAQ

Common questions.

Does every NC lottery retailer need a bond?No. NCEL requires a bond mainly when its review of a retailer's credit history raises a concern about financial stability. Many retailers are approved without one. If NCEL asked you for a bond, that notice sets the amount.

How much is the lottery bond?Premiums are 2% of the bond amount NCEL sets — a minimum of $2,000 per location — with a $100 minimum premium. Enter your figure and your exact price appears at the application.

Is there a credit check on your side?Our application collects no credit information. NCEL has already done its own credit review; that is what triggered the bond requirement in the first place. If a check ever runs on our side, it is a soft pull that never affects your score.

What does the bond protect against?It protects the NC Education Lottery if a retailer fails to remit lottery proceeds or breaches the retailer contract. If the surety pays a claim, you repay the surety — it is not insurance for you.

Where do I send it?To the NC Education Lottery, Retailer Contracts Department in Raleigh, with the power of attorney attached. We deliver the executed bond ready to mail.

Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.

How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.

Related bonds

Other North Carolina bonds.

Lottery bond, issued today.

Premiums from $100. Enter the amount NCEL set and mail it the same day.

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Your premiumfrom $100

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